Vega Protocol proposes shutting down chain and launching new token
The decentralized trading blockchain Vega Protocol says it expects its alpha mainnet chain to stop within the next three months.
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Scroll lists on Binance, sparking debate over centralization concerns
Scroll’s Binance listing has sparked community debate, with critics raising concerns about centralization, while Scroll’s co-founder has highlighted global growth strategies.

Is the bull run over? BTC loses $50,000 as transaction fees surge: Hodler’s Digest, April 18–24
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekBitcoin tumbles 10% in 12 hours and falls below $50,000 for first…

Interlay raises $6.5M to accelerate Bitcoin DeFi interoperability
Interlay is developing infrastructure for decentralized financial apps on multiple blockchains, including Ethereum, Cosmos, and Polkadot. 399 Total views 59 Total shares DFG Capital has led a $6.5 million investment in the interoperability start-up Interlay, which is building infrastructure for decentralized finance applications across major blockchains such as Ethereum, Cosmos and Polkadot. As per the announcement,…

US Navy Bets $9.5M on Blockchain to Keep Messaging Secret
The Naval Air Warfare Center, a California-based research group of the U.S. Navy, has given blockchain software startup Simba Chain nearly $10 million to put a secure messaging platform in play. “The platform will be up this year, with on going updates over the next 4 years,” Simba Chain CEO Joel Neidig told Cointelegraph in a…

US IRS Adds Question on Crypto Usage to New Income Tax Form Draft
The United States Internal Revenue Service (IRS) has added a question on crypto ownership to the standard 1040 income tax form for the coming tax season.IRS wants to know about your crypto in 2019On Oct. 11, a draft of the “Additional Income and Adjustments to Income” section of the new 1040 form surfaced that included…

KuCoin recovered 84% of stolen crypto after $280M hack, says co-founder
KuCoin has resumed full services for 176 out of the total 230 tradable assets to date. 3127 Total views 19 Total shares KuCoin cryptocurrency exchange has recovered the majority of funds lost in a $280 million hacking incident in September, a senior executive has said.Johnny Lyu, co-founder and CEO of KuCoin, announced on Nov. 11…

Manchester City to release digital collectibles through multi-year partnership with Quidd
The collectibles will include “money can’t buy” experiences such as pitch-side seats for exclusive team training events.

Canada’s DMG Blockchain Puts 85 Megawatt Crypto Mining Facility Into Operation
Canadian blockchain and cryptocurrency company DMG Blockchain Solutions Inc. has energized its new crypto mining facility, according to an announcement published Nov. 8. DMG states that the facility will start at 60 megawatts, and can expand its capacity up to 85 megawatts.DMG Blockchain Solutions initially revealed its plans to launch the station in July, stating…